Give us a try, it’s quick and easy to get started...Calculate interest now!
System will automatically calculate and add interest to your tenant’s security deposit when required.
Piece of Mind
Our system is carefully designed to prevent calculation errors. Feed the correct data and it won’t fail you. Automate this task so you don’t have to worry!
Every bit of good news is worth sharing with your tenants. Communicating the exact calculation of the annual interest on their security deposit is a valuable exercise in good faith.
For your convenience we are in the process of incorporating local municipality regulations to keep track of who needs to pay interest on security deposit. This feature is now available for San Francisco, CA.
- Easily perform all tasks required for security deposit accounting.
- Automatically notice tenants of all security deposit transactions, including interest accrued, interest paid and deduction made.
- Collect security deposit amount online, and have it deposited into your bank account.
Do I need to pay my tenant interest on security deposit?
How often does interest accrue and when do I pay it?
How can iManageRent help me?
What information do I need to calculate interest on security deposit?
How does my tenant become aware of accrued interest on security deposit?
Can I prepare a notice explaining the calculation for my tenants? If yes, what other information will I need?
Can I automate this process?
What is Rent Board Fee and how does it affect the interest on my security deposit? (this question ONLY applies to San Francisco rentals)
How can iManageRent help with rent board fee accounting?
Start now with our Easy-to-use Landlord Tools